19 Financial instruments at fair value
in CHF 1,000 | 31.12.2025 | 31.12.2024 |
Debt instruments | ||
Non-exchange-listed | 1 | 1 |
Total | 1 | 1 |
Equity shares / investment fund units | ||
Exchange-listed | 4,986 | 7,826 |
Non-exchange-listed | 41,444 | 44,102 |
Total | 46,430 | 51,928 |
Equity shares, through other comprehensive income (FVTOCI) | ||
Exchange-listed | 190,896 | 138,830 |
Non-exchange-listed | 1,604 | 1,915 |
Total | 192,500 | 140,745 |
Structured products | ||
Exchange-listed | 276 | 316 |
Total | 276 | 316 |
Total financial instruments at fair value | 239,207 | 192,990 |
The fair value of non-exchange-listed financial instruments is determined only on the basis of external traders’ quotes or pricing models which are based on prices and interest rates in an observable, active and liquid market. Management is satisfied that the prices determined on the basis of these techniques represent the best value calculated at the date of the financial statements for the balance sheet as well as the valuation entries in the income statement that depend on them.